Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0813%/8h= −89.0% APRpaid last 24h −0.106%
Price spread now: RISEx against edgeX−0.247%55s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.265% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.553%−$55 on $10k
Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.247%, 7d avg +0.031%
Together, before fees−0.320%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and RISEx is 0.278% cheaper against edgeX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.031%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SNDKUSDC1,778.60.0813pay 0.0406% / 4h3h 37m$565K$351K10x
ShortRISEx SNDK/USDC1,774.20get 0.0000% / 1h37m 42s$169K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$170.63
Price spread: −0.247% → +0.031%
−$27.83
Slippage, 4 orders
−$11.5
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$224.96
Costs to cover
0.265%
Break-even
never at this rate
Slippage from edgeX: live order book, 16 min ago; RISEx: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 16 min ago5.04 bp9.6 bp −$1011.4 bp −$11447.1 bp −$4,710doesn't fit
Sell RISEx live order book, 1 min ago0.65 bp3.6 bp −$46.1 bp −$61doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SNDK-USDT−0.0120%8h1,773.6−0.283%$4.0M$4.4M75xas long as short
Entropy io:SNDK−0.0092%1h1,774.7−0.218%$4.8M$19.8M10xas long as short
KuCoin SNDKUSDTM−0.0045%8h1,773.2−0.302%$6.1M$22.1M20xas long as short
Nado SNDK-PERP−0.0045%1h1,774.5−0.230%$345K$1.5M10xas long as short
QFEX SNDK-USD−0.0019%1h1,773−0.315%$1.4M$12.2M10xas long as short
Coinbase International SNDK-PERP-INTX−0.0008%1h1,775.7−0.165%$432K$2.3M10xas long as short
Aster SNDKUSD10.0000%8h1,773.7−0.273%$21.6M$32.7M20xas long as short
Binance SNDKUSDT0.0000%8h1,773−0.312%$281.5M$1.81B75xas long as short
Bybit SNDKUSDT0.0000%8h1,773.4−0.293%$32.1M$101.7M100xas long as short
OKX SNDK-USDT-SWAP0.0000%8h1,773.4−0.291%$82.6M$824.4M75xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx SNDK/USDCshort0.0000%1h1,774.2−0.247%$169K$1.6M20x
Gate SNDK_USDT0.0000%8h1,772.9−0.320%$178.2M$229.6M75xas long as short
Bitget SNDKUSDT0.0000%8h1,773−0.316%$43.7M$162.5M75xas long as short
Variational Omni SNDK0.0000%8h1,777.2−0.079%$2.6M$4.7Mas long as short
GRVT SNDK_USDT_Perp0.0000%8h1,777.2−0.079%$14K$1.5M10xas long as short
Phoenix SNDK0.0000%1h1,778.2−0.021%$277K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,774.1−0.252%$13K$287K10xas long as short
SunX SNDK-USDT0.0000%8h1,772−0.372%$822$3.6M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,773.9−0.261%$51K$346K10xas long as short
HTX SNDK-USDT0.0000%8h1,772.6−0.336%$1.4M$10.7M50xas long as short
Phemex SNDKUSDT0.0000%8h1,773.6−0.279%$2.8M$1.1M50xas long as short
Aftermath Perps SNDKUSD+0.0006%1h1,778.4−0.012%$662$38K5xas long as short
Lighter SNDK+0.0032%1h1,773.4−0.292%$1.7M$15.7M20xas long as short
Lighter RH SNDK+0.0032%1h1,773.1−0.310%$1.4M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,773−0.316%$435K$1.9M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+1.202%$36$9K12xas long as short
Arcus SNDK-USD+0.0040%1h1,775.8−0.156%$265K$1.5M10xas long as short
Vest SNDK-USD-PERP+0.0046%1h1,771.7−0.389%$580K10xas long as short
Popdex SNDKUSDT+0.0048%1h1,773.6−0.280%$244K$651K20xas long as short
Paradex SNDK-USD-PERP+0.0050%8h1,772.8−0.323%5xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,772.9−0.319%$117.0M$151.2M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,773.2−0.302%$186K$128K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,773.9−0.261%$725K$514K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,774−0.257%$1.4M$5.1M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,773.6−0.283%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,773−0.316%$197K$288K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,780.5+0.110%$68K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,773.5−0.287%$8K$3K20xas long as short
Kraken Futures PF_SNDKUSD+0.0122%1h1,774−0.256%$129K$352K20xas long as short
edgeX SNDKUSDClong+0.0813%4h1,778.6long leg$565K$351K10x